Real Estate Market Report for
Oak Lake Beach, MB

Updated : Aug 2016
House
  • Median price $326,950
  • Monthly growth 10.86 %
  • Quarterly trend
  • Stock on market 1.03%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Oak Lake Beach Home Price

Can you afford to buy here? If you like, we can get one of our mortgage experts to tell you exactly how much you can borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

When looking across the province, Oak Lake Beach is the 52th most expensive in Manitoba.

The $326,950 price tag on the median Oak Lake Beach home means that it is above the cost of most houses in the country.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

It’s never an exact art, but to try to forecast how property is going to appreciate in Oak Lake Beach for investors, it’s important to look at data like:

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Oak Lake Beach will hopefully provide an indicator to help you where to research in-depth

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Oak Lake Beach have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
2 bedrooms $232,450
3 bedrooms $359,000
Demographics
  • Population in 2011789
  • Population in 2006796
  • 2006 to 2011 population change (%)-0.9
  • Total private dwellings585
  • Private dwellings occupied by usual residents310
  • Population density per square kilometre1
  • Land area (square km)768.11
  • Age Characteristics
    Total population by age groups 785
    0 to 4 years 45
    5 to 9 years 45
    10 to 14 years 45
    15 to 19 years 65
    15 years 15
    16 years 15
    17 years 15
    18 years 10
    19 years 5
    20 to 24 years 25
    25 to 29 years 35
    30 to 34 years 45
    35 to 39 years 45
    40 to 44 years 35
    45 to 49 years 45
    50 to 54 years 65
    55 to 59 years 70
    60 to 64 years 75
    65 to 69 years 60
    70 to 74 years 40
    75 to 79 years 25
    80 to 84 years 15
    85 years and over 5
    Median age of the population 45.9
    % of the population aged 15 and over 83.1
  • Marital Status
    Total population 15 years and over by marital status 655
    Married or living with a common-law partner 490
    Married (and not separated) 445
    Living common-law 40
    Not married and not living with a common-law partner 170
    Single (never legally married) 110
    Separated 10
    Divorced 20
    Widowed 25
    Family Characteristics
    Total number of census families in private households 255
    Size of census family: 2 persons 165
    Size of census family: 3 persons 35
    Size of census family: 4 persons 30
    Size of census family: 5 or more persons 35
    Total number of census families in private households 255
    Total couple families by family structure and number of children 240
    Married couples 215
    Without children at home 135
    With children at home 85
    1 child 30
    2 children 25
    3 or more children 35
    Common-law couples 20
    Without children at home 15
    With children at home 5
    1 child 5
    2 children 0
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 15
    Female parent 15
    1 child 10
    2 children 5
    3 or more children 0
    Male parent 5
    1 child 5
    2 children 0
    3 or more children 0
    Total children in census families in private households 215
    Under six years of age 50
    6 to 14 years 75
    15 to 17 years 45
    18 to 24 years 25
    25 years and over 15
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 775
    Number of persons not in census families 70
    Living with relatives 10
    Living with non-relatives only 5
    Living alone 55
    Number of census family persons 710
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 145
    Number of persons not in census families aged 65 years and over 25
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 20
    Number of census family persons aged 65 years and over 125
    Total number of private households by household type 310
    Census-family households 250
    One-family-only households 245
    Couple-family households 230
    Without children 140
    With children 90
    Lone-parent-family households 15
    Other family households 10
    One-family households with persons not in a census family 5
    Couple-family households 5
    Without children 0
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 0
    Non-census-family households 55
    One-person households 55
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 310
    Single-detached house 295
    Apartment, building that has five or more storeys 0
    Movable dwelling 15
    Other dwelling 0
    Semi-detached house 0
    Row house 0
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 5
    Total number of private households by household size 310
    1 person 55
    2 persons 155
    3 persons 35
    4 persons 30
    5 persons 25
    6 or more persons 10
    Number of persons in private households 775
    Average number of persons in private households 2.5
Census 2011

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Do you invest in commercial properties?